Tax experts debate PROMESA’s ‘promise’ at D.C. panel
September 28, 2016
WASHINGTON — Half a dozen tax attorneys and D.C. policy wonks bickered Tuesday over how to bring Puerto Rico out of its perennial economic crisis in the context of PROMESA, the Puerto Rico Oversight, Management and Economic Stability Act.
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Economy strangling P.R. nonprofits, United Way says
September 26, 2016
In Puerto Rico’s embattled economy, everyone is at risk. Nonprofit organizations are no exception.
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Espacios Abiertos to publish control board documents
September 21, 2016
Espacios Abiertos, a nonprofit organization that promotes transparency, announced Tuesday the creation of a website where it will post documents generated or published by the Fiscal Oversight Board.
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John Dixon & Assoc. sells $3.6M in P.R. real estate
September 16, 2016
Atlanta-based John Dixon & Associates, which recently took on the challenge of selling off a portfolio for a United States-based equity fund, sold $3.6 million in properties in Puerto Rico via auction, the company confirmed Thursday.
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P.R. Products Association urges residents to ‘buy local’
September 15, 2016
The Puerto Rico Products Association unveiled Wednesday it’s latest institutional effort urging residents to buy local, saying that for every dollar households invest in island-made goods and services, imports are reduced by 5 percent.
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Study: 3 out of 4 P.R. households give to charity
September 15, 2016
Three out of four households in Puerto Rico, or 74.9 percent, confirmed in a study that they made charitable donations in 2014, a high rate of giving, especially compared to similar data in the U.S., which shows 55.8 percent of mainland U.S. households giving to charity in 2013.
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AGC unveils proposal to jumpstart P.R.’s infrastructure
September 6, 2016
The Puerto Rico Chapter of the Associated General Contractors of America recently unveiled its proposal for the “Revitalization of vital infrastructure on the island."
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CofC proposes ‘P.R. Empresa’ to spur jobs, economy
September 1, 2016
The Puerto Rico Chamber of Commerce (CofC) unveiled Wednesday its proposal to drive job creation and attract new capital investment to the island called Puerto Rico Empresa Inc., a public-private partnership to promote across-the-board collaboration.
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Sotomayor to speak at 2nd edition of Animus summit
August 31, 2016
Associate U.S. Supreme Court Justice Sonia Sotomayor will be among the speakers invited to the second edition of the Animus summit, an innovation platform designed to “maximize women's economic and personal development around business, mindfulness, empowerment, and entrepreneurship,” slated to take place Sept. 30 at the Caribe Hilton Hotel.
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Grupo Guayacán kicks-off 1st edition of SPRINGBOARD
August 30, 2016
Grupo Guayacán Inc. (GGI) kicked off SPRINGBOARD this weekend, its newest entrepreneurial development offering and the first program in Puerto Rico geared at preparing local start-ups to raise early stage capital in order to grow their ventures, the seed funding firm confirmed.
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Builders Assoc. proposes vision for econ. development
August 26, 2016
The Puerto Rico Builders Association unveiled Thursday its proposal for economic development that focuses on strengthening private enterprise as an axis of local production and empowering the third sector to develop communities.
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McConnell Valdés does $2M in pro bono work in 10 yrs
August 26, 2016
The McConnell Valdés Pro Bono Program is marking a decade of continuous contribution to the development and strengthening of the nonprofit sector in Puerto Rico, to which it has granted more than 10,600 hours in free legal services — or more than $2 million — to some 300 organizations on the island.
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New online tool provides access to P.R. banking statistics
August 25, 2016
Business consulting firm Vision-to-Action (V2A) announced Wednesday the launching of the largest and most comprehensive database of the banking industry in Puerto Rico.
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Minority Business council to submit ideas to Task Force
August 24, 2016
The Puerto Rico Minority Supplier Development Council will present a proposal to the Congressional Task Force outlining a new economic model guaranteeing the reactivation of the island’s manufacturing sector through purchases from minority businesses, the nonprofit’s Chairman, José Ríos-Nieves said Tuesday.
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Multi-property real estate auction slated for Sept. 10
August 23, 2016
Atlanta-based John Dixon & Associates will conduct an auction of more than 40 pieces of real estate including homes, condominiums, multi-family units and other properties in Puerto Rico on Sept. 10, the company announced Monday.
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